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The Republican performance on job creation has actually been abysmal compared to the Democrats since Herbert Hoover. In that 80 years, Republican politician administrations produced just 28.6 million tasks compared to 70.3 million jobs created by job creation strategies of Democratic administrations.
And what have we obtained from the lower taxes on the rich? We've gotten a federal deficit that more than doubled under current Republican presidents. Ronald Reagan, George H.W. Bush and George W. Bush are accountable for over half of the total U.S. National Financial obligation, while Bill Clinton handled to reduce the National Financial obligation as compared to GDP by 9.7%. While the debt grew by 1.63 trillion throughout his term, it grew 7.46 trillion under the most recent 3 Republican presidents.
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